Paul says he's raised more than $8M

Rep. Ron Paul, the Texas Republican who’s running for his party’s presidential nomination, said Wednesday his campaign had raised more than $8 million from more than 100,000 donors in the third quarter.

Speaking at the National Press Club, the 12-term congressman said the total will provide his campaign with the financial fuel necessary to keep his operation running smoothly, with just about three months out from the Iowa caucuses, which kick off the nomination process.

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The announcement follows news reports that Texas Gov. Rick Perry amassed $17 million and former Massachusetts Gov. Mitt Romney raised upward of $13 million in the same quarter, though Mr. Perry only announced his candidacy seven weeks ago.

Asked about Mr. Perry’s totals, Mr. Paul said that his small donors are “fervently” engaged in his campaign, whereas the other candidates are likely getting more of their money from “special interests.”

“Bankers don’t come to me with money,” he said, “because they know where I stand.”